Region: UK & Ireland, Canada, USA
Institution: Oiko Credit
Website: http://www.oikocredit.org/en/home
Summary: Oiko Credit is one of the world’s largest sources of private funding to the microfinance sector. Oiko Credit provides credit to trade cooperatives, fair trade organisations and SMEs in the developing world.
The company lends working capital to microfinance institutions (MFIs) all over the world. In turn, they dispense loans to the poor and disadvantaged, with a special emphasis on rural areas and women. Oiko Credit engages in social investing by offering a dual return to investors: financial and social. In addition to earning modest financial returns, investors are guaranteed that their money is being used to reduce poverty, promote fair trade and respect the natural resources that are dwindling so rapidly in the developing world.
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